World Markets Olympic Challenge: Playing South Korea
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Qualifying rounds - Day Three: A huge rally in Europe and the US changed the leaderboard picture again.
- Eight indices moved into positive territory
- Sweden's OMX jumped to first place, up 2.6%
- India's Bombay Sensex remains in second place
- The USA's S&P 500 leapt to third with a 2.9% one-day climb
- Yesterday's leader, Australia, plunged to 14th place. Nine indices moved into positive territory
Which index to you think will outperform its peers? Vote here
World Markets Olympic Challenge: Leaderboard as of (8/5 Close)
After two days of polling, many of you still see Korea's Kospi in the medal round. Here are some Korean stats and stocks.
Economy (per International Monetary Fund):
- 2008 GDP Forecast $999 billion
- Third largest in Southeast Asia
- Forecast growth for 2008 of 4.4%
- $20,582 per capita
- Inflation: 3.4%
- Unemployment: 3.1%
- Population: 48.6 million
Korean KOSPI Stocks that trade in the US:
Qualifying rounds - Day Three: A huge rally in Europe and the US changed the leaderboard picture again. After two days of polling, many of you still see Korea's Kospi in the medal round.
